Council welcomes G7 legacy funding for Cornwall

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Cornish beach and cliffs

Government investment to create a lasting legacy for Cornwall from the G7 summit has been welcomed by the Council.

Funding to regenerate town centres, protect Cornwall’s environment and support work to make Cornwall the first net zero carbon region has been announced by Prime Minister Boris Johnson MP. 

The investment paves the way for ambitious projects in Camborne, Penzance and St Ives, as well as work to boost biodiversity, restore the natural environment and measures to reduce Cornwall’s carbon footprint.  

Camborne, Penzance and St Ives join Truro in being successful bidders to the Government’s Town Deal fund, having developed proposals which support the transformation of their high streets and boost economic growth. Together, the four areas will receive £89m in Government funding. 

Working in partnership with Natural England and Cornwall Wildlife Trust, the Government has also announced a major nature recovery project to restore and regenerate around 21,000 hectares of land in Cornwall.  

And up to £1m will support businesses in developing green technologies and establish Cornwall as a pilot area for a new e-bike support scheme. 

Cornwall Council Leader Linda Taylor said: “The welcome investment will support the work we’re already doing to rewild and restore nature on thousands of hectares of Cornish countryside, through to energy innovation and more sustainable transport. This package will help Cornwall lead the way in nature recovery and net zero innovation and create more green jobs for local people.” 

“We are determined to build back better for a greener and fairer Cornwall and this announcement confirms funding to kickstart town regeneration and help level up outcomes for communities across Cornwall. G7 is an extraordinary opportunity to showcase our world-leading innovation in exciting new sectors such as Floating Offshore Wind, space and data, tech-metals, and creative industries. Alongside these international trade and inward investment opportunities, this funding will help provide a lasting legacy for Cornwall.”

Story posted June 9, 2021

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